CUTCOUTURE AS

0170 OSLO

Finances

Share Ownership

Return on Equity

90,91 %

Current Ratio

1,15

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	882 000	941 000	919 000	851 000
Net Income	70 000	−105 000	71 000	4 000
Total Assets	184 000	171 000	264 000	174 000
Total Equity	77 000	7 000	112 000	41 000

Income (NOK)	2022	2021	2020	2019
Revenue	882 000	941 000	919 000	851 000
Expenditure	812 000	1 045 000	825 000	841 000
Operating Profit	71 000	−104 000	93 000	10 000
Financial Income	0	0	0	0
Financial Costs	1 000	5 000	1 000	3 000
Financial Balance	−1 000	−5 000	−1 000	−3 000
Earnings Before Tax	70 000	−109 000	91 000	7 000
Tax	0	−4 000	20 000	3 000
Net Income	70 000	−105 000	71 000	4 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	61 000	76 000	73 000	60 000
Total Current Assets	123 000	96 000	191 000	113 000
Total Assets	184 000	171 000	264 000	174 000
Total Retained Equity	58 000	−12 000	93 000	22 000
Total Equity	77 000	7 000	112 000	41 000
Total Long-Term Debt	0	0	4 000	0
Total Current Debt	107 000	164 000	148 000	133 000
Total Equity and Debt	184 000	171 000	264 000	174 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	871 000	932 000	905 000	846 000
Other Income	11 000	9 000	14 000	5 000
Revenue	882 000	941 000	919 000	851 000
Cost of Goods Sold	55 000	117 000	109 000	66 000
Salary Costs	428 000	583 000	416 000	476 000
Depreciation	15 000	15 000	2 000	0
Impairment	0	0	0	0
Expenditure	812 000	1 045 000	825 000	841 000
Operating Profit	71 000	−104 000	93 000	10 000
Financial Income	0	0	0	0
Financial Costs	1 000	5 000	1 000	3 000
Financial Balance	−1 000	−5 000	−1 000	−3 000
Dividends	0	0	0	0
Net Income	70 000	−105 000	71 000	4 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	15 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	20 000	35 000	32 000	0
Total Tangible Assets	20 000	35 000	32 000	0
Total Fiancial Fixed Assets	41 000	41 000	41 000	45 000
Total Fixed Assets	61 000	76 000	73 000	60 000
Stock	13 000	14 000	35 000	31 000
Total Investments	0	0	0	0
Cash, Bank	89 000	59 000	141 000	78 000
Total Current Assets	123 000	96 000	191 000	113 000
Total Assets	184 000	171 000	264 000	174 000
Total Equity	77 000	7 000	112 000	41 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	4 000	0
Creditors	15 000	19 000	4 000	1 000
Unpaid Taxes	50 000	80 000	81 000	80 000
Dividends	0	0	0	0
Other Current Debt	42 000	65 000	61 000	52 000
Total Current Debt	107 000	164 000	148 000	133 000
Total Equity and Debt	184 000	171 000	264 000	174 000

Financial indicators	2022	2021	2020	2019
Return on Equity	90,91 %	−1 500 %	63,39 %	9,76 %
Debt-to-Equity Ratio	0	0	0,04	0
Operating Profit Margin	8,05 %	−11,05 %	10,12 %	1,18 %
Current Ratio	1,15	0,59	1,29	0,85
Quick Ratio	1,31	0,64	1,69	1,11
Equity Ratio	0,42	0,04	0,42	0,24
Gross Profit Margin	93,76 %	87,57 %	88,14 %	92,24 %